Showing 1 - 10 of 1,896
Economists emphasize two channels through which import liberalization affects productivity, one operating between and … to 2002. First, in the long run, import liberalization lowers productivity in domestic industries through selection. This …, liberalization also generates technological learning that can on net raise domestic productivity. Third, for short time horizons of …
Persistent link: https://www.econbiz.de/10012464568
Industries in which private nonprofit production is present and significant, such as health care and education, account for more than one-fifth of US economic activity. This paper argues that previous analysis of nonprofits has not separated profit-deviating preferences from the state-defined...
Persistent link: https://www.econbiz.de/10012472441
The conventional wisdom in health economics is that idiosyncratic features of the healthcare sector leave little scope for market forces to allocate consumers to higher performance producers. However, we find robust evidence across a variety of conditions and performance measures that higher...
Persistent link: https://www.econbiz.de/10012457066
The conventional wisdom in health economics is that large differences in average productivity across hospitals are the …, however, we find that productivity dispersion in heart attack treatment across hospitals is, if anything, smaller than in … productivity today is associated with about 4 percent more patients in 5 years. Taken together, these facts suggest that the …
Persistent link: https://www.econbiz.de/10012459463
sector ownership has no independent impact on productivity growth. The finding that ownership per se does not matter, but …
Persistent link: https://www.econbiz.de/10012471757
empirical finding.Three elaborations to the basic production frontier framework are developed and used to interpret the accident-productivity …
Persistent link: https://www.econbiz.de/10012477724
-level productivity. We also examine whether M&As increase efficiency through reallocation of production to more efficient plants or …Study of the impact of mergers and acquisitions (M&As) on productivity and market power has been complicated by the … difficulty of separating these two effects. We use newly-developed techniques to separately estimate productivity and markups …
Persistent link: https://www.econbiz.de/10012455930
percent increase in operating efficiency, achieved primarily by reducing the frequency and duration of reactor outages. At … average wholesale prices the value of this increased efficiency is approximately $2.5 billion annually and implies an annual …
Persistent link: https://www.econbiz.de/10012461317
Persistent link: https://www.econbiz.de/10001421960
for missing credit and insurance markets. The resulting tradeoffs for growth and efficiency are explored, both … to higher income growth than taxes and transfers, but at the cost of lower insurance. Overall efficiency is assessed … welfare function, does not reward equality per se. Simulations using empirical parameter estimates show that the efficiency …
Persistent link: https://www.econbiz.de/10012471662